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Calls for Ayu’s Sack Divide PDP NEC
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Ahead of the meeting of the Peoples Democratic Party National Executive Committee scheduled for Thursday in Abuja, the NEC members are divided over the clamour for the removal of the National Chairman of the party, Iyorchia Ayu.
While some NEC members from the South argued that Ayu’s removal was the only way out of the lingering crisis confronting the party, the chairman’s supporters said Ayu would not step aside at this critical time when the PDP was preparing for election.
The opposition party had been engulfed in a crisis since a former vice-president, Atiku Abubakar emerged the presidential candidate.
The loyalists of Rivers State Governor, Nyesom Wike had been demanding Ayu’s resignation, stating that the presidential candidate should not hail from the same region as the party chairman; and the Board of Trustees chairman.
Though the PDP set up a panel to resolve the crisis, Wike, supported by three other governors, had continued to insist on Ayu’s removal.
Resisting the pressure to leave office, the party chair vowed to stay till the end of his four-year tenure. He also dismissed those demanding his removal as youngsters who had little knowledge about the formation of the PDP.
Reinforcing their demand in an interview with The PUNCH on Tuesday, the Publicity Secretary of the PDP in Oyo State, Mr Akeem Olatunji, stressed that Ayu’s removal would facilitate Atiku’s electoral victory.
While explaining that the state chapter of the party had nothing against Atiku and Ayu, Olatunji said their demand was borne out of their desire to see the party emerge victorious at the poll.
He said, “We are passionate about Alhaji Abubakar Atiku winning this presidential election and that is why we are calling for Senator Iyorchia Ayu to step aside and allow somebody from the South to take over.
“We don’t want Alhaji Atiku to just be a presidential candidate, we want him to transform from a candidate to the President-elect of this country by February 2023.
“We believe that part of what can make our job easier is for the national chairmanship of the PDP to come from the South. We don’t want our opponents to use that to campaign against us.
“It’s not that we have anything against Atiku or Senator Ayu, we are not their enemies; we want the party to win. It is better we sort this out now and that is what we are saying. We want the national chairmanship of the PDP to come to the South for balance.”
On his part, the Rivers State PDP Chairman, Ambassador Desmond Akawor called for the resignation of the national chairman, stressing that the party leadership and the presidential candidate cannot come from the same region.
He said, ‘’That is the commitment he (Ayu) made before we elected the presidential candidate, so he has to fulfill his commitment. He must resign; he should fulfill his commitment. We can’t have the BoT chairman from the north, deputy national chairman and presidential candidate all from the north. Other regions will feel relegated.
“How do we campaign for the people? The election is based on interest, how do we preach to them? Should we tell them when the presidential candidate wins things will normalize? Is that what we are going to preach to the people?’’
Akawor further stated that the power blocs were only seeking equity, justice and fair play, therefore, their quest should be regarded.
He noted, ‘’We don’t have different power blocs; they are people who are requesting equity and fairness, which is the fulcrum of the party. How are we protected as a zone; how is our interest protected? That is what we are asking for? So, when these questions are answered, I don’t think we’ll have a power bloc; PDP is one party.’’
But the Osun PDP acting chairman, Dr Akindele Adekunle, said Ayu should not be made to resign, at least not now that the party was preparing for a general election.
Adekunle said, “There is no point asking Dr Ayu to resign a few months before the presidential election. My take is to allow the status quo to remain and make changes after the 2023 elections.”
The Ebonyi State Chairman of the PDP, Okoroafor Okorie was of the view that the right thing was ‘’for somebody to make a sacrifice by stepping down from his position which provides a balance in the leadership of the party.’’
He noted, “The truth is nobody was born with any position. It is easier to say let’s balance the polity allowing the chairmanship to come from somewhere. If that is the sacrifice that someone has to make in the overall interest of the party, it is a sacrifice worth making.
“For me, PDP is the only party that has a structure with a national outlook; forget that APC is occupying the presidency today. If you do not want to bury that national outlook, perception, or narrative and change the paradigm that the PDP is always making, I think it is a sacrifice worth making that somebody should step down.’’
However, the Benue State governor, Samuel Ortom, speaking through his Director of Press, Nathaniel Nkurr, noted that the crisis was best resolved at a roundtable in addition to placating the Rivers State governor.
“The position of the governor is that the party leadership will sit down and resolve the crisis in the party, calling for the pacification of the Rivers State governor, Nyesom Wike,’’ he explained, adding that “all the blocs must agree to work together as a party; the leadership should sit down and resolve the crisis.’’
Chairman of the Lagos State PDP, Julius Akinsola maintained that an inclusive approach was needed to address the issues.
“We are in a democratic system; I think it has to be an inclusive decision so the national working committee, the NEC, the BoT, the three arms of the party have to resolve that kind of situation.
“I presumed they will take into consideration all the necessary parameters for choosing offices. If they find some imbalance; that is why they are there. But as individuals, we have to work within a democratic system,’’ Akinsola stated.
Reacting to the calls for a change of the party leadership, the Yobe State Chairman of the PDP, Sen. El-Gash Umar, insisted that the chairman cannot step down because he was elected for a four-year tenure.
He counseled those clamouring for Ayu’s removal to wait until the presidential candidate of the party wins, adding that he may step down then through persuasions.
Umar added, “He was elected for a four-year tenure, he has not committed any crime as a party chairman, and he was not indicted for anti-party (activity) or anything. He was being asked to resign because the presidential candidate is from the north. What if he (Atiku) doesn’t win; will the chairman be reinstated? That is what we are saying.’’
The Punch
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has denied saying the Federal government will introduce a fuel tax when the economy stabilises and income levels improve.
In a post on X on Tuesday, Oyedele said his remarks during an interview with ARISE News was misrepresented, insisting that a “fuel tax is not on the table.”
However, during the interview with Rotus Odiri, ARISE News Business Correspondent, on the sidelines of the 2026 International Monetary Fund and World Bank annual meetings in Bangkok, Thailand, Oyedele said the tax would come when income levels improve enough for Nigerians to accommodate it.
He said taxes account for between 20 and 80 percent of pump prices in some countries, while many African countries impose between six and 10 different taxes on fuel products.
He said introducing fuel tax while petrol was still subsidised would have been counterproductive because government would effectively be paying the tax itself.
According to him, imposing the tax immediately after removal of petrol subsidy would be insensitive to Nigerians.
“The objective should be that instead of trying to suppress prices, which hasn’t worked for us, it hasn’t worked for any country in the world, not one. Instead of trying to suppress prices, think about how to grow income faster than prices rise,” Oyedele said.
“That’s how you bring prosperity and grow the middle class and that is exactly what we are doing as led by Mr. President himself.
“At the appropriate time, when the economy has stabilizes and income level will be able to accommodate it, those taxes will come. Not because we want to impose taxes,” he added.
In his Tuesday post, the minister reiterated that introducing a fuel tax at this time would be insensitive following removal of petrol subsidy, describing reports that government will introduce the levy when the economy stabilises as “fake news.”
A chieftain of the African Democratic Congress (ADC), and Deputy Director of the Presidential Campaign Council, Chief Dele Momodu, has described former Vice-President Atiku Abubakar as the most nationally formidable and experienced among the leading contenders for the 2027 presidential election.
Momodu said Atiku’s experience at the national level distinguishes him from President Bola Tinubu and former Anambra State Governor, Peter Obi.
He stated this on Wednesday during an interview on Eagle 102.5 FM, Ilese-Ijebu, in Abeokuta.
“If you look at the antecedents of the three major candidates, between Atiku Abubakar and Peter Obi, you will see that Atiku is the most experienced. He has managed our country at the highest level,” he said.
Momodu traced Atiku’s political journey to the 1992 Social Democratic Party (SDP), presidential primary where he contested against late MKO Abiola and stepped down for him.
He said Atiku accepted the outcome without crisis even after he was not picked as Abiola’s running mate, describing it as a mark of true democratic temperament.
“He is the only one who started from around 1992, contested the SDP primary against Abiola and stepped down with uncommon equanimity. He did not make any noise,” Momodu said.
He noted that Atiku was among the founders of the Peoples Democratic Party, PDP, and served as Vice-President from 1999 to 2007.
Comparing Atiku with Obi, Momodu argued that while Obi’s best was demonstrated in Anambra, Atiku’s was at the presidency level managing the national economy.
“Peter Obi has tried his best in Anambra, while Atiku’s best is at the level of vice president controlling the economy of Nigeria. The difference is clear. He has matured in experience and exposure,” he said.
Momodu also said President Tinubu’s experience was largely limited to Lagos.
“What I’m trying to say is that Tinubu’s experience was limited to Lagos, and that is why when he became president, he thought Nigeria was Lagos. And he has found out now that Nigeria is not Lagos,” he said.
He argued that the current economic hardship under the present administration did not show prosperity, insisting Atiku remained better positioned to lead the country.
“Well, we are yet to see that prosperity, and if yesterday would determine today and tomorrow, it is obvious that Tinubu should retire now and let someone else do it,” Momodu added.
DailyPost
President Bola Tinubu says he has no regrets over the removal of petrol subsidy and other economic reforms introduced by his administration, insisting that Nigeria could not borrow its way to greatness.
Meanwhile, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned Nigerians against returning to petrol subsidy. He said the backtrack could trigger capital flight, undermining investor confidence and pushing the Naira to N3,000, N3,500 or even N4,000 per dollar.
But the Director of Media and Publicity of the African Democratic Congress (ADC) Presidential Campaign Council (PCC), Kola Ologbondiyan, challenged Oyedele to publish the economic model behind his warning that a return to fuel subsidy could push the naira to N4,000 per dollar.
The President spoke on Monday during the City Boys Movement retreat in Abuja, where he charged members of the group to mobilise support for his administration ahead of the 2027 general elections, insisting that the country’s future mattered more than the ambition of any individual candidate.
“No regrets,” Tinubu said, insisting that his administration would not be pushed back from its reform agenda.
He took a swipe at his political opponents, promising to restore the petrol subsidy, saying Nigeria could no longer afford to pay the fuel subsidy, and warning that reversing the policy would take the country back to an unsustainable economic path.
Defending his decision to remove the subsidy on his first day in office, Tinubu said the country was on the verge of financial collapse and could no longer afford the policy’s cost.
Tinubu also sought to reassure Nigerians about the direction of the economy, arguing that growth was steady and that the sacrifices associated with his reforms would ultimately offer citizens a future worth believing in.
Oyedele disclosed during a press briefing of the International Monetary Fund (IMF) and World Bank Annual Meetings in Bangkok, Thailand, yesterday, that investors had repeatedly questioned whether the government would abandon its reforms ahead of the next election cycle.
Ruling out the reversal of the government’s economic reforms, he maintained that any signal that Tinubu’s administration was contemplating or reinstating the subsidy would immediately affect financial markets, raise borrowing costs and worsen economic pressures on households.
“In all the meetings I have had, I came to a conclusion that the markets, including the domestic market, which you can read from the capital market, and the international market, have largely written off the opposition in Nigeria as unserious.
“If, for any reason, the President were to say we are merely considering the return of fuel subsidy, capital would react immediately, airfares would struggle, the naira would come under severe pressure, potentially moving towards 3,000, 3,500 or even 4,000.
The very fuel people want subsidised would become far more expensive in Naira terms,” Oyedele warned.
However, Ologbondiyan accused the Federal government of using fear to discourage debate on fuel subsidy, insisting that Nigerians deserve evidence, not alarming projections, on the potential economic consequences of restoring the policy.
Speaking to journalists, he described the minister’s warning as scaremongering and demanded that the government explain how it arrived at the projected exchange rate.
“The Minister of Finance is merely scaremongering. He cannot claim that a return to fuel subsidy will cause the naira to depreciate to N4,000 to the dollar without showing Nigerians the model behind that projection,” he said.
He questioned the reliance on investors’ concerns to oppose a subsidy’s return, challenging the government to identify the sources of the projections and disclose their calculations.
